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To: marginmike who wrote (157719)3/30/2002 9:01:21 PM
From: hdl  Respond to of 436258
 
but RE has held up while naz has been decimated



To: marginmike who wrote (157719)3/31/2002 2:54:57 PM
From: John Madarasz  Respond to of 436258
 
interesting link here re: real estate, and stats in general...

csf.colorado.edu



To: marginmike who wrote (157719)3/31/2002 3:47:44 PM
From: Simba  Read Replies (1) | Respond to of 436258
 
MarginMike:

I agree on your assessment. My price appreciation study shows that if there is a bubble it is in select areas and that these areas always have booms and busts but still returning above inflation in the long run.

Message 17210876



To: marginmike who wrote (157719)3/31/2002 5:31:03 PM
From: LLCF  Respond to of 436258
 
Agreed with you on 80's RE bubble although from what I remember the individual homes puked out wasn't the issue then, it was commercial that had been fed by quick write off tax breaks... massive wipeout. The rest of the home mortgages were stupid S&L's that had to liquidate. In a lot of ways this may be worse for the individual home... I don't know, can't get a handle on it.

DAK


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